With a projected CAGR of 4.9% throughout the forecast period, the fruit punnet market is expected to witness substantial growth, with market share reaching US$ 1.69 Billion by 2032, up from US$ 1 Billion in 2022.
Fruit punnet, as a packaging solution, offer a perfect blend of protection and product visibility, making them a highly sought-after choice. They shield fruits during transit while showcasing them attractively to consumers, ultimately driving the increased demand for these punnet. Moreover, the rising awareness of environmental concerns has put corrugated cardboard fruit punnets in the spotlight, as they align with eco-friendly packaging practices.
The fruit punnet market is set for moderate growth, with Europe leading the way, closely followed by North America. High fruit consumption in these regions is a driving force behind this growth, with the demand for fruit punnets closely tied to the fresh food packaging industry’s performance.
Conversely, developing countries like China, India, and Russia are poised for robust growth in the fruit punnet market. This surge is attributed to the import of exotic fruits, such as blueberries, and a growing inclination toward healthier eating habits. These factors combine to elevate the demand for fruit punnets, positioning them as a valuable component in the global fresh food packaging landscape.
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Contributes to the Growth of the Fruit Punnet Market
Several factors contribute to the growth of the fruit punnet market:
- Protection and Visibility: Fruit punnets provide effective protection for fruits during transit while also offering excellent visibility, which enhances product presentation and attracts consumers.
- Environmental Awareness: The increased awareness of environmental issues has driven the demand for eco-friendly packaging solutions, making corrugated cardboard fruit punnets an attractive choice.
- Regional Consumption Patterns: High fruit consumption in regions like Europe and North America fuels the demand for fruit punnets, as they are closely linked to the fresh food packaging industry.
- Exotic Fruit Imports: Developing countries such as China, India, and Russia are witnessing a surge in the fruit punnet market, driven by the import of exotic fruits like blueberries.
- Health-Conscious Consumers: The growing trend toward healthier eating habits contributes to the increased demand for fruit punnets, as consumers seek convenient and hygienic packaging for fresh produce.
- Fresh Food Packaging Industry: The fruit punnet market is closely aligned with the performance of the broader fresh food packaging industry, benefiting from its growth and innovation.
Crucial Developments
- Infia is the world’s first packaging maker to offer packaging solutions that can give high-quality full-color printing directly on fruit punnets. The organisation provides cutting-edge technologies in fruit punnet market for unparalleled logo and brand modification and marketing for its clients.
- AVI Global Plast Pvt. Ltd. announced the debut of a new range of AVI premier egg packets in August 2019. These packets are made from r-PET films, which ensure that the product is totally recyclable and environmentally friendly. This container is particularly created for the transportation of eggs, and the punnets have a unique snap lock function that makes them easier to handle and provides superior protection for such a delicate food item.
The Major Key Players Are:
- AVI Global Plast Pvt Ltd,
- Smurfit Kappa Group plc,
- INFIA srl,
- Van Der Windt Packaging Ltd,
- LC Packaging International BV,
- Ilip s.r.l.,
- T&B Containers Ltd.
Benefits of Fruit Punnet Packaging
Freshness Retention
Fruit punnets are designed to keep fruits fresh for longer periods, reducing food waste and promoting healthier eating habits.
Portion Control
They offer perfect portion control, encouraging consumers to enjoy fruits in just the right amount.
Visual Appeal
The attractive packaging of fruit punnets makes them an excellent choice for gifting and special occasions.
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Key Segments
By Material Type:
- Paper
- Plastic
- Polypropylene (PP)
- Polyethylene terephthalate (PET)
- Polystyrene (PS)
- Polylactic Acid (PLA)
- Other Plastic
By Capacity:
- 50 gm – 100 gm
- 101 gm – 200 gm
- 201 gm – 500 gm
- Above 500 gm
By Region:
- North America
- Latin America
- Asia Pacific
- MEA
- Europe
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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